8x8 Inc (EGHT) financial statements (2021 and earlier)
Company profile
Business Address |
2125 O'NEL DRIVE SAN JOSE, CA 95131 |
State of Incorp. | DE |
Fiscal Year End | March 31 |
SIC | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | |||
---|---|---|---|---|---|---|---|---|
ASSETS | ||||||||
Current Assets | ||||||||
Cash, cash equivalents, and short-term investments | 215 | 346 | 152 | 175 | 163 | 177 | ||
Cash and cash equivalents | 185 | 277 | 32 | 41 | 34 | 53 | ||
Short-term investments | 30 | 70 | 121 | 134 | 129 | 124 | ||
Restricted cash and investments | 3 | |||||||
Receivables | 37 | 20 | 16 | 14 | 11 | 7 | ||
Inventory, net of allowances, customer advances and progress billings | 1 | 1 | 1 | |||||
Inventory | 1 | 1 | 1 | |||||
Capitalized contract cost | 21 | 16 | ✕ | ✕ | ✕ | ✕ | ||
Deferred costs | 1 | 1 | 0 | |||||
Other current assets | 26 | 15 | 10 | 7 | 5 | 2 | ||
Other undisclosed current assets | 5 | 4 | ||||||
Total current assets: | 302 | 397 | 179 | 197 | 186 | 192 | ||
Noncurrent Assets | ||||||||
Operating lease, right-of-use asset | 77 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Property, plant and equipment | 90 | 53 | 36 | 16 | 12 | 10 | ||
Long-term investments and receivables | 20 | |||||||
Long-term investments | 20 | |||||||
Intangible assets, net (including goodwill) | 157 | 51 | 52 | 63 | 69 | 49 | ||
Goodwill | 131 | 40 | 40 | 46 | 47 | 37 | ||
Intangible assets, net (excluding goodwill) | 26 | 12 | 12 | 17 | 21 | 12 | ||
Capitalized contract cost, net | 49 | 34 | ✕ | ✕ | ✕ | ✕ | ||
Restricted cash and investments | 16 | |||||||
Other noncurrent assets | 21 | 3 | 3 | 8 | 3 | 1 | ||
Other undisclosed noncurrent assets | 8 | 8 | 49 | 43 | 43 | |||
Total noncurrent assets: | 430 | 149 | 99 | 137 | 128 | 104 | ||
TOTAL ASSETS: | 732 | 546 | 277 | 334 | 313 | 296 | ||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | 110 | 71 | 54 | 41 | 32 | 20 | ||
Accounts payable | 50 | 32 | 24 | 16 | 11 | 8 | ||
Accrued liabilities | 24 | 7 | 6 | 8 | 6 | 3 | ||
Employee-related liabilities | 24 | 18 | 17 | 12 | 10 | 6 | ||
Taxes payable | 12 | 14 | 6 | 5 | 5 | 3 | ||
Deferred revenue | 7 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Debt | 4 | (1) | (1) | (1) | (0) | |||
Deferred revenue and credits | ✕ | ✕ | 3 | 2 | 2 | |||
Contract with customer, liability | ✕ | 3 | ✕ | ✕ | ✕ | ✕ | ||
Other undisclosed current liabilities | 4 | 0 | 1 | 0 | ||||
Total current liabilities: | 122 | 75 | 56 | 43 | 35 | 22 | ||
Noncurrent Liabilities | ||||||||
Long-term debt and lease obligation | 374 | 216 | ||||||
Long-term debt, excluding current maturities | 287 | 216 | ||||||
Operating lease, liability | 86 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Liabilities, other than long-term debt | 18 | 6 | 2 | 2 | 3 | 3 | ||
Deferred revenue and credits | ✕ | ✕ | 0 | 0 | 2 | |||
Contract with customer, liability | ✕ | 0 | ✕ | ✕ | ✕ | ✕ | ||
Other liabilities | 18 | 6 | 2 | 2 | 3 | 1 | ||
Other undisclosed noncurrent liabilities | 0 | (1) | ||||||
Total noncurrent liabilities: | 391 | 222 | 2 | 2 | 3 | 2 | ||
Total liabilities: | 513 | 297 | 58 | 45 | 38 | 23 | ||
Stockholders' equity | ||||||||
Stockholders' equity attributable to parent | 219 | 249 | 219 | 289 | 275 | 272 | ||
Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
Additional paid in capital | 599 | 507 | 426 | 413 | 389 | 379 | ||
Accumulated other comprehensive loss | (7) | (7) | (6) | (10) | (4) | (2) | ||
Accumulated deficit | (373) | (250) | (201) | (115) | (110) | (105) | ||
Total stockholders' equity: | 219 | 249 | 219 | 289 | 275 | 272 | ||
TOTAL LIABILITIES AND EQUITY: | 732 | 546 | 277 | 334 | 313 | 296 |
Income statement (P&L) ($ in millions)
12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | ||
---|---|---|---|---|---|---|---|
Revenues | 419 | 353 | 297 | 253 | 209 | 162 | |
Revenue, net | ✕ | ✕ | 253 | 209 | 162 | ||
Cost of revenue (Cost of Goods and Services Sold) | (42) | (37) | (46) | ||||
Gross profit: | 419 | 353 | 297 | 211 | 172 | 117 | |
Operating expenses | (561) | (444) | (338) | (260) | (216) | (159) | |
Other undisclosed operating income | 42 | 37 | 46 | ||||
Operating income (loss): | (142) | (91) | (42) | (7) | (7) | 4 | |
Nonoperating income (expense) | (7) | 3 | 4 | 2 | 1 | 1 | |
Income (loss) from continuing operations before income taxes: | (149) | (88) | (38) | (5) | (6) | 5 | |
Income tax expense (benefit) | (1) | (1) | (66) | 0 | 1 | (3) | |
Net income (loss) available to common stockholders, diluted: | (150) | (89) | (104) | (5) | (5) | 2 |
Comprehensive Income ($ in millions)
12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | ||
---|---|---|---|---|---|---|---|
Net income (loss): | (150) | (89) | (104) | (5) | (5) | 2 | |
Comprehensive income (loss): | (150) | (89) | (104) | (5) | (5) | 2 | |
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2 | (2) | 4 | (5) | (2) | (3) | |
Comprehensive loss, net of tax, attributable to parent: | (149) | (90) | (101) | (10) | (7) | (1) |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.